Difference between ACH, Wires and Direct Debit

Can anyone tell me the difference between the following:
ACH
Wires
International Wires
Direct Debit
What is the additional configuration required from a functional consultant apart from setting them up as a payment method. Please help with all steps. and what inforamtion shouldbe requested from bank in order to set a data flow to and from the bank

Hi,
ACH - A provider of electronic funds transfer services in the United States, handling automated payments such as direct debit and direct credit.
Companies that use ACH send a DME file with information about the payments to be made. ACH then carries out the payments for them.
Direct Debit - Payment of an agreed amount that is collected from a customer's account by an originator on request.
A direct debit may or may not be subject to advance notice and the amounts may vary. Examples include the payment of utilities, news subscriptions, or the periodic collection of insurance premiums or loan payments.
Wire Transfer: Wire transfer is a method of transferring money from one entity to another
So U can create the APP Config FBZP for the ACH and Wire payments
Additionally search sdn.sap.com, you will find lot of information.
Please let me know if you need more information.
Assign points if useful.
Regards
Sridhar M

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